Rajkot Management Association is an autonomous, non-political, non-lobbying, non-profit, public (educational) institution, registered under Charity Commissioner. It was founded by group of likeminded people  and leading business personalities in 1989. Shri Padmakarbhai A. Masurekar was first President of RMA. RMA is one of the 68 Local Management Association, which is affiliated to All India Management Association (AIMA), the apex body for management in India, working closely with industry, Government, academia and students, to further the cause of the management profession in India.